New Account Executive Sr - Working Capital

Manage all aspects of an assigned portfolio of accounts, ensuring the relationships meet corporate standards for risk, profitability, factoring and asset-based lending services, and financial controls. Manage portfolio through complete and current knowledge of client’s financial condition, management’s performance and industry trends, and take timely action so client losses are minimized and do not exceed budgeted standards. Responsible for ensuring all advances and loans comply with loan policy and approved structure. Attain an acceptable contribution to overhead and/or profit from each client arrangement to achieve individual profit objective. Responsible for documenting all relationships to ensure approved and required legal documentation. Resolve factoring and asset based lending service problems, control operational costs and minimize loss of clients to competition. Structure and underwrite changes to existing deals for management approval.